Fullerton Health is an integrated enterprise healthcare service provider founded in 2011 in Singapore. [1] The company specializes in designing customized medical services for corporate and insurer clients. [2] Fullerton Health began with an initial investment in corporate healthcare providers Gethin-Jones and Drs Trythall Hoy Davies. [1] Over the years, they grew through both organic growth and investments and mergers and acquisitions. [3]
Fullerton Health made 3 major acquisitions in 2015 which helped grow its presence in both existing and new markets. In May, their subsidiary, Global Assistance & Healthcare (GAH) acquired PT JLT GESA, more commonly known as Medilum, that provides managed healthcare and third-party administration services. [4] Later in August, they bought an 80 percent stake in Hong Kong medical provider, HMMP Limited (HMMP), for SGD$33 million. [5] Above all, the purchase of Radlink-Asia in Singapore for SGD$111.2 million [5] marked its entry into the advanced medical diagnostic imaging market and allowed it to cut costs through the digitisation of processes. [6]
As of June 30, 2016, Fullerton Health owns 198 clinics and facilities across Singapore, Hong Kong, Indonesia, and Malaysia, [7] has close to 2,000 employees [8] and sees an annual revenue of more than S$300 million. [9]
Founded in 2010. [1]
From 2011 to 2016, the Singapore-based healthcare provider has expanded its presence to Malaysia, Indonesia, and Hong Kong [1] and now operates with a staff of close to 400 medical professionals and over 1,000 support staff [10] and a network of over 8,000 associate hospitals and clinics. [1]
As of 2016, Fullerton Health receives an average of 4 million patient visits per annum and has served approximately 10 million people with its medical services, [11] working with approximately 25,000 companies across Asia-Pacific to provide employers and employees with access to affordable healthcare services. [12] Its corporate clientele include Marina Bay Sands, Standard Chartered Bank, Singapore Airlines and other multinational corporation employees, as well as SME employees. [9]
Financial Performance
In 2014, Fullerton Health experienced more than double revenue growth to S$163.8 million followed by a 46.9% growth in 2015 to S$240.6 million. [13]
Fullerton Health is an integrated enterprise healthcare service provider founded in 2011 in Singapore. [1] The company specializes in designing customized medical services for corporate and insurer clients. [2] Fullerton Health began with an initial investment in corporate healthcare providers Gethin-Jones and Drs Trythall Hoy Davies. [1] Over the years, they grew through both organic growth and investments and mergers and acquisitions. [3]
Fullerton Health made 3 major acquisitions in 2015 which helped grow its presence in both existing and new markets. In May, their subsidiary, Global Assistance & Healthcare (GAH) acquired PT JLT GESA, more commonly known as Medilum, that provides managed healthcare and third-party administration services. [4] Later in August, they bought an 80 percent stake in Hong Kong medical provider, HMMP Limited (HMMP), for SGD$33 million. [5] Above all, the purchase of Radlink-Asia in Singapore for SGD$111.2 million [5] marked its entry into the advanced medical diagnostic imaging market and allowed it to cut costs through the digitisation of processes. [6]
As of June 30, 2016, Fullerton Health owns 198 clinics and facilities across Singapore, Hong Kong, Indonesia, and Malaysia, [7] has close to 2,000 employees [8] and sees an annual revenue of more than S$300 million. [9]
Founded in 2010. [1]
From 2011 to 2016, the Singapore-based healthcare provider has expanded its presence to Malaysia, Indonesia, and Hong Kong [1] and now operates with a staff of close to 400 medical professionals and over 1,000 support staff [10] and a network of over 8,000 associate hospitals and clinics. [1]
As of 2016, Fullerton Health receives an average of 4 million patient visits per annum and has served approximately 10 million people with its medical services, [11] working with approximately 25,000 companies across Asia-Pacific to provide employers and employees with access to affordable healthcare services. [12] Its corporate clientele include Marina Bay Sands, Standard Chartered Bank, Singapore Airlines and other multinational corporation employees, as well as SME employees. [9]
Financial Performance
In 2014, Fullerton Health experienced more than double revenue growth to S$163.8 million followed by a 46.9% growth in 2015 to S$240.6 million. [13]